📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Checking Account Limits

Hi all,

I don't see a single consolidated list of number of account limits you can have for high interest checking accounts. Is there a thread for that?

If not, would be really useful to consolidate the list here! Below is just based on accounts I have and removing anything I know you can't get any more (e.g. multiple accounts for some), but my information is likely out of date with new restrictions...

BOS
- Vantage: 3 singles, 3% on £5k

Lloyds
- Club: 1 single, 4% on £5k

Santander
- 123 Current: 2 singles, 1 joint, 3% on £20k

Tesco
- current account: 1 single, 3% on £3k

TSB
- Classic Plus: 1 joint, 1 single, 5% on £2k
5.41 kWp System, E-W. Installed Nov 2017
Lux + 3 x US2000B + 2 x US3000C battery storage. Installed Mar 2020.

Comments

  • Archi_Bald
    Archi_Bald Posts: 9,681
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Forumite
    There is no such thing as a checking or a single account in the UK. It is current and sole accounts. Your list isn't correct on a number of accounts (e.g. 123, Tesco), and there is a write-up on MSE on interest paying current accounts. Granted, they do miss the BOS Vantage for some reason but that account has been discussed here for over a year.
  • B_G_B
    B_G_B Posts: 502 Forumite
    Santander sole account limited to 1 for new applications.

    Number of TSB accounts. Varies depending on the date that first TSB Plus was opened.

    Tesco 2 sole accounts?

    I like the idea of a list but it may not be quite that straightforward.
  • chamelion
    chamelion Posts: 483
    Part of the Furniture 100 Posts Name Dropper
    Forumite
    Archi_Bald wrote: »
    There is no such thing as a checking or a single account in the UK. It is current and sole accounts. Your list isn't correct on a number of accounts (e.g. 123, Tesco), and there is a write-up on MSE on interest paying current accounts. Granted, they do miss the BOS Vantage for some reason but that account has been discussed here for over a year.

    See - exactly what I was looking for - thank you! Don't know how I've never come across that page in my years browsing this site...
    5.41 kWp System, E-W. Installed Nov 2017
    Lux + 3 x US2000B + 2 x US3000C battery storage. Installed Mar 2020.
  • anoncol
    anoncol Posts: 982 Forumite
    The problem is T&C change. That list isn't accurate for many on here.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 355.9K Banking & Borrowing
  • 254.9K Reduce Debt & Boost Income
  • 456.2K Spending & Discounts
  • 248.4K Work, Benefits & Business
  • 606.1K Mortgages, Homes & Bills
  • 179K Life & Family
  • 263.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.